In the Stock Market Today, Sensex rises by 569 points, with Nifty surpassing 24,000 on the expiry day; IT stocks see gains.
Stock Market Nifty Chart Prediction.
On June 27, Sensex climbed 568.93 points, reaching 79,243.18. Meanwhile, the Nifty increased by 175.70 points, to stand at 24,044.50. Approximately 1,128 shares advanced, -2,240 shares fell, and 93 shares remained unchanged.
Top Nifty gainers: UltraTech Cement, Grasim Industries, LTIMindtree, Wipro and NTPC
Top Nifty Losers: Shriram Finance, L&T, Eicher Motors, Bajaj Auto and Divis Lab.
The IT and Power indices each increased by 1.7 percent, whereas the PSU Bank index fell by 1 percent.
BSE midcap index ended flat, while smallcap index shed 0.5%
Stock Prediction for 28th June 2024.
| STOCK | Good Above | Weak Below |
| MCDOWELL-N | 1290 | 1270 |
| MARUTI | 12266 | 12182 |
| SUNTV | 770 | 763 |
| TCS | 3875 | 3844 |
Prediction For Friday, NIFTY can go up if it goes above 24,000 or down after the level of 23,700 but it all depends upon the Global cues.
Nifty started the day flat but gained momentum as trading progressed, ending with a rise of 176 points. Over the past four sessions, Nifty has shown a sharp upward trend, surging approximately 700 points. The IT Index played a significant role today in pushing Nifty above the 24,000 mark. Resistance is noted between 24,050 and 24,400, while support is seen at levels ranging from 24,000 to 23,800.
| Highest Call Writing at | 24,000 (1.8 Crore) |
| Highest Put Writing at | 23,700 (1.4 Crore) |
Nifty Support and Resistance
| Support | 24,000 – 23,800 |
| Resistance | 24,050 – 24,400 |
Bank Nifty Daily Chart Prediction.
Prediction For Friday, Bank NIFTY can go up if it goes above 53,000 or down after the level of 52,000 but it all depends upon the Global cues.
BankNifty index showed volatile movements, fluctuating within a wide range, with support at 52,700 and resistance at 53,100. To maintain its upward trajectory towards the 53,400/53,700 levels, the index needs to hold decisively above 53,000. However, as it is currently in overbought territory, failing to stay above 53,000 could result in a decline to the 52,500/52,000 levels.
| Highest Call Writing at | 53,400 (31.8 Lakhs) |
| Highest Put Writing at | 52,500 (22.2 Lakhs) |
Bank Nifty Support and Resistance
| Support | 53,400 – 51,700 |
| Resistance | 52,500 – 52,000 |
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